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While awareness is growing about the broad and escalating potential for risk occurring in SAP systems, many organizations still mistakenly assume their systems are secure

Boston, MA (PRWEB)June 24, 2015

Onapsis, the global experts in business-critical application security and SAP cybersecurity solutions, today announced they are sponsors of the SINET Innovation Summit, June 25th 2015, the TimesCenter, New York. Onapsis joins the nation's foremost Cybersecurity experts and front line practitioners to discuss today's pressing Cybersecurity challenges. In May 2015, the USIS breach became the first widely publicized breach to be officially attributed to a vulnerability in an SAP system. While at SINET, Onapsis will focus on raising awareness of the rising security threat of SAP vulnerabilities among security professionals working on Wall Street, Silicon Valley and the Beltway.

"SINET Innovation Summit convenes the highest level of executive suite decision makers from our nation's three powerful epicenters—Wall Street, Silicon Valley and the Beltway. It is the only forum of its kind that connects the builders, buyers, investors and researchers who are working together to advance security innovation. We provide a platform like no other for the business of Cybersecurity to take place. SINET is not just an event, it is an experience," says Robert D. Rodriguez, Chairman and Founder of SINET.

SAP is run by over 250,000 organizations worldwide, including 87 percent of Global 2000 companies and 98 percent of the 100 most valued brands. Despite housing an organization’s most valuable and sensitive information, SAP systems are not protected from cyber threats by traditional security approaches.

“While awareness is growing about the broad and escalating potential for risk occurring in SAP systems, many organizations still mistakenly assume their systems are secure,” said Mariano Nunez, CEO and co-founder of Onapsis. “The SINET Innovation Summit is an opportunity to meet with strategic thinkers in security from both the public and private sectors and address the most imminent risks to business-critical systems.”

About SINET
SINET is a super-connector that accelerates Cybersecurity innovation into the global marketplace by providing trusted platforms for the business of Cyber to take place between investors, entrepreneurs and industry and government buyers. SINET events, membership program and strategic advisory services have delivered unsurpassed value within the ecosystem of the entrepreneur, from academia, science, private industry, investment banking, system integration, policy, innovators, and venture capital to the Federal Government and its civilian, military and intelligence agencies. Our forums take place in Silicon Valley, New York, London and Washington, DC.
SINET’s mission is to advance innovation and enable global collaboration between the public and private sectors to defeat Cybersecurity threats. For more information, visit http://www.security-innovation.org. Connect with us on Twitter @SINETconnection.

About Onapsis
Onapsis provides the most comprehensive solutions for securing business-critical applications. As the leading experts in SAP cyber-security, Onapsis’ enables security and audit teams to have visibility, confidence and control of advanced threats, cyber-risks and compliance gaps targeting their enterprise applications.

Headquartered in Boston, MA., Onapsis serves over 160 Global 2000 customers, including 10 top retailers, 20 top energy firms and 20 top manufacturers. Onapsis’ solutions are also the de-facto standard for leading consulting and audit firms such as Accenture, IBM, Deloitte, E&Y, KPMG and PwC.

Onapsis solutions include the Onapsis Security Platform, which is the most widely-used SAP-certified cyber-security solution in the market. Unlike generic security products, Onapsis’ context-aware solutions deliver both preventative vulnerability and compliance controls, as well as real-time detection and incident response capabilities to reduce risks affecting critical business processes and data. Through open interfaces, the platform can be integrated with leading SIEM, GRC and network security products, seamlessly incorporating SAP applications into existing vulnerability, risk and incident response management programs.

These solutions are powered by the Onapsis Research Labs which continuously provide leading intelligence on security threats affecting SAP systems. Experts of the Onapsis Research Labs were the first to lecture on SAP cyber-attacks and have uncovered and helped fix hundreds of security vulnerabilities to-date affecting SAP Business Suite, SAP HANA and SAP Mobile deployments.

For more information, please visit http://www.onapsis.com, or connect with us on Twitter, Google+, or LinkedIn.